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Rice Uses New Drilling Technique; Cuts D&C Capex -7%
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Rice Energy has released its Q2 17 operational and financial updates.
Highlights Include:
In Q2 Rice Energy achieved net production of an average 1,354 mmcfe/d, which was up 6% from Q1. This increase in production was driven primarily by the company's ability to turn 25 net Marcellus and Utica wells online earlier than anticipated. The company spent $243 million in Q2, including $190…
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